3 Bed Terraced House, Single Let, Middlesbrough, TS6 0LN, £95,000

42 Lambton Street, Normanby, TS6 0LN - 2 views - 5 months ago

Sold STC
BTL
ROI: 7%
~68 m²
+7 photos

ValuationUndervalued

Sold Prices£60K - £415K
Sold Prices/m²£744/m² - £3.2K/m²

 

 

Square Metres

~68.17 m²
Price/m²£1.4K/m²

Value Estimate

£118,750
BMV25%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£23,750

Stamp Duty & Legal Fees

£5,950

Total Cash In

£29,700

 

 

Cash Out

 

Rent Range

£595 - £800

Rent Estimate

£613

Running Costs/mo

£439

Cashflow/mo

£174

Cashflow/yr

£2,082

ROI

7%

Gross Yield

8%

Local Sold Prices

50 sold prices from £60K to £415K, average is £147.3K. £744/m² to £3.2K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£92.5K03/230.04 mi42, Cleveland Street, Normanby, Middlesbrough, Redcar And Cleveland TS6 0LU3
£150K11/230.07 mi17, Grosvenor Gardens, Middlesbrough, Redcar And Cleveland TS6 0LG3
£146K12/200.08 mi68, West Street, Normanby, Middlesbrough, Redcar And Cleveland TS6 0LQ3
£165K11/210.08 mi1, The Jennings, Normanby, Middlesbrough, Redcar And Cleveland TS6 0LL3
£171K09/230.08 mi1, The Jennings, Normanby, Middlesbrough, Redcar And Cleveland TS6 0LL3
£122.5K11/210.09 mi5, Windsor Road, Eston, Middlesbrough, Redcar And Cleveland TS6 0QZ3
£228K12/220.14 mi6, Oakdene Close, Middlesbrough, Redcar And Cleveland TS6 0HB3
£245K08/230.14 mi48, Hollywalk Drive, Middlesbrough, Redcar And Cleveland TS6 0PL3
£153K03/210.14 mi529, Normanby Road, Middlesbrough, Redcar And Cleveland TS6 0DX3
£138K09/230.15 mi36, Clive Road, Eston, Middlesbrough, Redcar And Cleveland TS6 0RT3
£115K05/230.15 mi34, Clive Road, Eston, Middlesbrough, Redcar And Cleveland TS6 0RT3
£95K08/230.15 mi28a, High Street, Eston, Middlesbrough, Redcar And Cleveland TS6 0QX3
£105K11/220.16 mi28, High Street, Eston, Middlesbrough, Redcar And Cleveland TS6 0QX3
£145K01/230.16 mi3, Thirlmere Crescent, Middlesbrough, Redcar And Cleveland TS6 0EU3
£125K01/240.17 mi43, Windsor Road, Eston, Middlesbrough, Redcar And Cleveland TS6 0RE3
£120K04/210.17 mi46, Windsor Road, Eston, Middlesbrough, Redcar And Cleveland TS6 0RE3
£415K06/210.18 mi72, High Street, Normanby, Middlesbrough, Redcar And Cleveland TS6 0LB3
£143K11/230.18 mi79, Windsor Road, Eston, Middlesbrough, Redcar And Cleveland TS6 0RF3
£77K12/200.2 mi42, Keats Road, Middlesbrough, Redcar And Cleveland TS6 0RW3
£175K01/210.2 mi48, Blantyre Road, Middlesbrough, Redcar And Cleveland TS6 0EY3
£116K12/230.22 mi16, Keats Road, Middlesbrough, Redcar And Cleveland TS6 0RR3
£152K12/210.22 mi15, Firtree Avenue, Middlesbrough, Redcar And Cleveland TS6 0PQ3
£117.5K12/200.24 mi40, Kinloch Road, Middlesbrough, Redcar And Cleveland TS6 0ES3
£235K02/230.24 mi13, High Street, Eston, Middlesbrough, Redcar And Cleveland TS6 9DZ3
£183K02/230.24 mi7, South Park Avenue, Middlesbrough, Redcar And Cleveland TS6 0NS3
£220K09/220.25 mi19, High Street, Eston, Middlesbrough, Redcar And Cleveland TS6 9DZ3
£140K12/200.25 mi68, Manor Green, Middlesbrough, Cleveland TS6 0DZ3
£150K01/240.25 mi32, Manor Green, Middlesbrough, Redcar And Cleveland TS6 0DZ3
£83K07/210.25 mi39, Webster Road, Middlesbrough, Redcar And Cleveland TS6 0RG3
£117.5K12/200.26 mi40, Kinloch Road, Middlesbrough, Redcar And Cleveland TS6 0ES3
£135K06/230.27 mi20, Carron Grove, Middlesbrough, Redcar And Cleveland TS6 0HD3
£136.5K12/200.27 mi5, Orchard Grove, Middlesbrough, Redcar And Cleveland TS6 9BY3
£140K10/220.28 mi39, Webster Road, Middlesbrough, Redcar And Cleveland TS6 0RG3
£205K03/210.29 mi6, Blacksmiths Close, Middlesbrough, Redcar And Cleveland TS6 9TH3
£180K08/230.29 mi55, Blantyre Road, Middlesbrough, Redcar And Cleveland TS6 0EJ3
£153K12/200.29 mi7, Blantyre Road, Middlesbrough TS6 0EJ3
£167.5K05/230.3 mi22, Bylands Road, Middlesbrough, Redcar And Cleveland TS6 9DN3
£67K12/200.3 mi5, Oakley Walk, Middlesbrough, Redcar And Cleveland TS6 0TE3
£82K09/230.31 mi94, Bankfields Road, Eston, Middlesbrough, Redcar And Cleveland TS6 0TF3
£60K11/230.31 mi64, Bankfields Road, Eston, Middlesbrough, Redcar And Cleveland TS6 0TF3
£285K07/220.31 mi52, South Park Avenue, Middlesbrough, Redcar And Cleveland TS6 0NX3
£164K04/210.32 mi56, South Park Avenue, Middlesbrough, Redcar And Cleveland TS6 0NX3
£110K07/210.32 mi5, Sandmoor Close, Middlesbrough, Redcar And Cleveland TS6 9EF3
£148.5K03/210.32 mi3, Kinloch Road, Middlesbrough, Redcar And Cleveland TS6 0EQ3
£100K02/230.32 mi7, Pennyman Close, Normanby, Middlesbrough, Redcar And Cleveland TS6 0JG3
£150K04/210.33 mi38, Grasmere Drive, Middlesbrough, Redcar And Cleveland TS6 0EF3
£161K02/240.33 mi20, Grasmere Drive, Middlesbrough, Redcar And Cleveland TS6 0EF3
£265K03/230.34 mi14, Parkway Drive, Middlesbrough, Redcar And Cleveland TS6 0NU3
£154K02/210.34 mi22, Ashkirk Road, Middlesbrough, Redcar And Cleveland TS6 0EW3
£270K06/230.34 mi445, Normanby Road, Middlesbrough, Redcar And Cleveland TS6 0ED3

Local Rents

13 rents from £595/mo to £800/mo, average is £650/mo.

RentDateDistanceAddressBeds 
£62510/240.05 mi-3
£80004/250.08 mi-3
£62510/240.08 miThe Jennings, Normanby, Middlesbrough, TS6 0LL3
£70002/240.22 mi-3
£70011/240.22 mi-3
£59511/240.3 mi-3
£65010/240.42 miHolmefields Road, Middlesbrough, TS63
£65001/250.47 mi-3
£65006/240.48 mi-3
£65001/250.48 mi-3
£65008/240.54 mi-3
£64808/240.55 mi-3
£60010/240.62 miEdwards Street, Middlesbrough, TS63

Local Area Statistics

Population in TS6

30,239

Population in Middlesbrough

189,245

Town centre distance

1.52 miles away

Nearest school

0.30 miles away

Nearest train station

1.89 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+2%

Sales demand

Seller's market

Capital growth (5yrs)

+12%

Property History

Listed for £95,000

November 27, 2024

Floor Plans

Description

  • NEW TO THE MARKET +
  • REFURBISHED THROUGHOUT +
  • THREE BEDROOM +
  • CLOSE TO LOCAL AMENITIES +
  • ON-STREET PARKING +
  • SECURE REAR YARD +
  • NEW BATHROOM +
  • NEW KITCHEN +
  • NEW BOILER RELOCATED TO THE LOFT +
  • FULL REWIRE +

Fantastic Three-bedroom terraced property which has been refurbished throughout! New boiler fitted and relocated to the loft! The property has had a full rewire throughout! Chain free transaction book your viewing today !

Hallway - 3.86m x 0.89m (12'8" x 2'11") - Upon entering through a stylish UPVC door, you are welcomed by an expansive and inviting hallway. This long corridor is adorned with elegant hardwood flooring and features a substantial radiator that provides warmth, setting a cozy and inviting tone for the entire home.

Reception/Dining Room - 6.81m x 3.05m (22'4" x 10'0") - The open-plan reception and dining area is a vast space designed for both comfort and functionality. It is illuminated by two UPVC windows located at opposite ends of the property, allowing an abundance of natural light to flood the room. The space is enhanced by modern spotlights and equipped with two large radiators, ensuring a warm and inviting atmosphere throughout.

Kitchen - 3.30m x 2.08m (10'10" x 6'10") - The kitchen is a beautifully modern space that boasts an abundance of storage options, with ample wall-mounted, base, and drawer units. A large UPVC window bathes the kitchen in natural light, creating a bright and airy environment. A UPVC door at the rear of the kitchen provides easy access to the rear yard.

Family Bathroom - 1.78m x 2.77m (5'10" x 9'1") - The family bathroom exudes contemporary elegance with its beautifully modern design. It includes a pristine three-piece white suite, comprising a spacious bathtub, a sleek sink basin, and a modern toilet, offering both style and functionality.

Bedroom 1 - 3.07m x 4.14m (10'1" x 13'7") - Bedroom 1 is a generous and airy room characterized by a large UPVC window that fills the space with natural light. It features a substantial radiator for comfort and is complemented by new carpeting that extends throughout the first floor, adding a touch of luxury underfoot.

Bedroom 2 - 3.58m x 2.49m (11'9" x 8'2" ) - The second bedroom is equally spacious, highlighted by a large UPVC window that brightens the room with daylight, ensuring a pleasant and welcoming atmosphere.

Bedroom 3 - 2.18m x 2.08m (7'2" x 6'10") - Another cozy room features a UPVC window, new carpeting, and an inviting warmth, making it a perfect retreat for relaxation.

Landing - 3.61m x 1.04m (11'10" x 3'5") - The property is further enhanced by its high ceilings, new carpeting, and freshly painted walls, contributing to a sense of spaciousness and a fresh, modern feel throughout.

Agent Details

PH Estate Agents, Middlesbrough

01642 056292

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪